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$1,500,000
64 Days On Site

1100 W Riverside Avenue
Muncie, IN 47303

For Sale|Multi Family|Active
0
Beds
0
Total Baths
15,572
SqFt
$96
/SqFt
1994
Built
County:
Delaware
Listing courtesy of Scheerer McCulloch Auctioneers (260) 441-8636

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1100 W Riverside Avenue1100 W Riverside Avenue1100 W Riverside Avenue1100 W Riverside Avenue
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PUBLIC AUCTION - SATURDAY, NOVEMBER 29th at 11:00 AM (EST) THIS PROPERTY IS NOT AVAILABLE FOR SHOWINGS. CAN ONLY BE VIEWED DURING THE OPEN HOUSES. Open Houses Monday's, November 17 & November 24, 2025, 5:00 - 6:30 PM Eastern| The price stated on this property is the Guideline price | This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. | $85,000 down day of the auction. | To see all terms, please visit our website. A rare and exceptional opportunity to acquire a purpose-built fraternity, sorority, or group housing facility just steps from Ball State University! This well-maintained, turn-key property offers a flexible layout ideal for student accommodations, university-affiliated organizations, or investor use. The expansive 15,572 square-foot building sits on a generous 0.80 acre lot and features 28 private dorm-style bedrooms, one private first-floor apartment, four shared dorm bathrooms, one private full bathroom, and three half bathrooms. The thoughtful design provides privacy and comfort for residents while maintaining spacious communal areas for meetings, study groups, and social gatherings. Shared spaces include multiple lounges, a large lower-level game and fitness room, a full kitchen with appliances included, a TV auditorium, and a generous laundry area. The property also provides parking for approximately 24 vehicles - a premium convenience in this sought-after campus corridor. This building has been professionally managed and cared for over the years, with continuous improvements from 2020-2025 ensuring low-maintenance ownership for the next owner. Updates include new dorm windows throughout, upgraded Wi-Fi technology, repaved driveway and parking areas, partial roof replacement, chimney and masonry reconstruction, new rear gutters, improved drainage, and an updated concrete patio with perimeter fencing.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
64 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,572 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.62 Acres
Year Built 
1994
MLS® Number 
22069126
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.62
Foundation 
Concrete Perimeter
Levels 
Two
Number Of Stories 
2
Parking 
CommonParking Lot
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Fire AlarmFire EscapeFire Sprinkler SystemSecurity LightsSecurity SystemSmoke Detector(s)
Special Circumstances 
Auction
SqFt Total 
15572
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedWater Connected
Zoning 
Exempt, Private Academy
Interior Features
Basement 
Finished
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
BrickStone
Road Frontage 
City Street
Community Features
MLS Area 
1808 - Delaware - Center
Roads 
Asphalt
School District 
Muncie Community Schools
Township 
Center
Schools
School District
Muncie Community Schools
Elementary School
West View Elementary School
Middle School
Northside Middle School
High School
Muncie Central High School
Listing courtesy of Scheerer McCulloch Auctioneers (260) 441-8636



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-12-31 05:21 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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